SES AI

SES AI Cash Conversion

The Cash Conversion Rate (OCF/Net Income) of SES AI (SES) as of Nov 10, 2026 is 79.90 %. In the previous year, Cash Conversion Rate (OCF/Net Income) was 65.96 % — a change of 21.13% (higher).

Cash Conversion

79.90 %

YoY

21.13%

Last updated:

Cash Conversion Rate (OCF/Net Income) of SES AI is 2025 79.90 % . Cash Conversion Rate (OCF/Net Income) of SES AI was 2024 65.96 % . It decreases by 21.13% higher compared to the previous year.

The SES AI Cash Conversion history

  • 3 Years

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  • Max

Cash Conversion
Date
Cash Conversion
Jan 1, 2018
63.72 USD
Jan 1, 2019
97.07 USD
Jan 1, 2020
79.26 USD
Jan 1, 2021
95.96 USD
Jan 1, 2022
91.19 USD
Jan 1, 2023
105.64 USD
Jan 1, 2024
65.96 USD
Jan 1, 2025
79.90 USD
The SES AI Cash Conversion history
YEARCash ConversionYoY
79.90 %+21.13%
65.96 %-37.56%
105.64 %+15.85%
91.19 %-4.97%
95.96 %+21.06%
79.26 %-18.34%
97.07 %+52.34%
63.72 %+110.17%
30.32 %-26.17%
41.06 %+35.57%
30.29 %-54.15%
66.06 %—

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SES AI Stock analysis

What does SES AI do? SES AI Corp develops high-performance Li-Metal rechargeable batteries for electric vehicles and other applications, combining high energy density with conventional Li-ion manufacturing. The company focuses on three development tracks: Hermes for material development, Apollo for large automotive cell engineering, and Avatar for AI-powered battery health monitoring. Hermes cells feature 25+ layers of cathode and anode, while the firm develops novel electrolytes, anode coatings, separators, and cathodes including high nickel for premium vehicles and nickel/cobalt free options. SES AI Corp targets automotive manufacturers and EV producers seeking advanced battery solutions. The company's primary revenue streams come from the commercialization of its Li-Metal battery technology, with Hermes cells and Apollo engineering capabilities driving product development. Avatar software provides AI-driven safety monitoring for battery systems, appealing to automotive clients requiring enhanced battery management. SES AI Corp's focus on systems approach and material innovation positions it to supply battery components to major EV manufacturers and automotive systems integrators. SES AI Corp's business model centers on developing and selling Li-Metal battery technology and related components, with Hermes, Apollo, and Avatar representing key product lines. The company's development of high nickel cathodes for premium vehicles and nickel/cobalt free cathodes targets different segments within the automotive industry. SES AI Corp's technology is designed to be integrated into EV production systems, with its AI safety software offering continuous monitoring capabilities for battery health. SES AI is one of the most popular companies on Eulerpool.

Frequently Asked Questions about SES AI stock

Cash Conversion Rate (OCF/Net Income) of SES AI is 79.90 % in 2025.

Cash Conversion Rate (OCF/Net Income) of SES AI changed from 65.96 % to 79.90 %, representing a 21.13% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Cash Conversion Rate (OCF/Net Income) SES AI since 2006 – with annual values, charts, and detailed analysis.

Cash conversion measures how effectively net income converts to operating cash flow. Ratios above 100% indicate high-quality, cash-backed earnings.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Cash Conversion Rate (OCF/Net Income)'s SES AI with sector peers and the industry average to assess whether it is attractive.

To evaluate Cash Conversion Rate (OCF/Net Income)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Cash Conversion Rate (OCF/Net Income).

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Cash Flow — SES AI

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